ESOP · DOL Form 5500 · 2023

Bestcare, Inc. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
685
Participants Below avg headcount
69th
Percentile by assets National rank
$24,576
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bestcare, Inc. Employee Stock Ownership Plan · Sponsored by Bestcare, Inc. · New York · Healthcare & Social Assistance

$17M in assets, 685 participants

Bestcare, Inc.'s Bestcare, Inc. Employee Stock Ownership Plan reported $17M in total assets and 685 participants in its 2023 DOL Form 5500 filing, ranking in the 69th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #13,117 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

Bestcare, Inc. Employee Stock Ownership Plan declined sharply 16.6% in 2023 ($20M → $17M) for 685 participants.

#13,117
in Healthcare & Social Assistance (17,684 peers)
-16.6%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bestcare, Inc. Employee Stock Ownership Plan's outsized position by total assets

Bestcare, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$16,834,310 Top 31% higher than 69% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Bestcare, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bestcare, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (685 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bestcare, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Bestcare, Inc. Employee Stock Ownership Plan end-of-year assets fell from $20M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Bestcare, Inc. Employee Stock Ownership Plan reported participants fell from 793 in the plan year 2022 filing to 685 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133121904 · Bestcare, Inc. PY 2023 · ESOP

Bestcare, Inc. Employee Stock Ownership Plan · $17M · 685 · 69th

  • TYPE $17M
  • TYPE 685
  • TYPE 69th
  • TYPE ESOP
  • TYPE near Ennis Electric Company, Inc. Employee Stock Ownership Plan and Trust
  • TYPE ind #13117

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in New York →

Bestcare, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Valves and Fittings of Houston, Inc. Employee Stock Ownership Plan and TrustValves and Fittings of Houst…$17MBoh Bros. Construction Co., L.L.C. Employee Stock Ownership PlanBoh Bros. Construction Co., …$17MEnnis Electric Company, Inc. Employee Stock Ownership Plan and TrustEnnis Electric Company, Inc.…$17MBestcare, Inc. Employee Stock Ownership PlanBestcare, Inc. Employee Stoc…$17MAgracel, Inc. Employee Stock Ownership PlanAgracel, Inc. Employee Stock…$17M
End-of-year total assets ($M) among Bestcare, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Bestcare, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Bestcare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 0.20416224140275369% vs 2022
2024 filing year
$22M$23M$24M$25M$26M$27M 202220232024 $25.8M $25.8M ▼ -0.2%
Year Plans Participants Total Assets
2022 2 935 $26M
2023 2 816 $23M
2024 2 745 $26M

2023 asset-move particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN133121904
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Bestcare, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Bestcare, Inc. Employee Stock Ownership Plan, Total assets ($M): 16.83431 · Participants: 685Bestcare, Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Bestcare, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Bestcare, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Ennis Electric Company, Inc. Employee Stock Ownership Plan and Trust in VA ($17M); by covered participants it is Arvig Employee Stock Ownership Plan in MN (684 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bestcare, Inc. Employee Stock Ownership Plan assets move in 2023?
Bestcare, Inc. Employee Stock Ownership Plan declined sharply - down 16.6% during 2023, from $20M to $17M. Reported net income was -$3M.
How have Bestcare, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bestcare, Inc.'s sponsor-wide assets declined 0.2%, from $26M to $26M.
Which ESOP plans are similar in size to Bestcare, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ennis Electric Company, Inc. Employee Stock Ownership Plan and Trust in VA ($17M, 90 participants).
Which ESOP plans cover a similar participant headcount to Bestcare, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Arvig Employee Stock Ownership Plan in MN (684 participants, $93M in assets).